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Global internet of things (IoT) networking solution market trends and analysis to 2022 illuminated by new report

IT Market Research

Report provides an in-depth analysis of the IoT connectivity solutions currently available in the market. Lack of interoperability across platforms of IoT devices affects the market's growth. Current development issues are mainly related to the available competing standards. Both operators and vendors are reviewing their connectivity roadmaps against the IoT requirements and the potential threats from new entrants and start-ups.

Market Research HUB has added a new report titled "Internet of Things (IoT) Networks Make an Inquiry about this news: Technologies and Global Markets to 2022" to its vast database of market reports. The global market for IoT networking solutions will grow from $392.1 billion in 2017 to $1.0 trillion by 2022 with a compound annual growth rate (CAGR) of 21.6% for the period of 2017-2022.

Technical and market drivers are considered in evaluating the current value of the technologies and in projecting growth and trends over the next five years. Conclusions are illustrated with statistical information on markets, applications, industry structure and dynamics, and technological developments.